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Search Results 62 to 161 of about 490 (some duplicates have been removed)
CSPAN
Dec 28, 2012 7:00am EST
that kind of signal? i do not think so. that is what a lot of us watch mitch mcconnell very closely. there are people in his caucus who early to vote for what i just said. can they get it on the floor and overcome the procedural hurdles? host: if nothing happens, what are we looking at? guest: january 3 at noon. there are so many scenarios. if the new congress convenes on the third, negotiations continue. democrats would have more strength. they have gained 7 or eight seats. i think the key if they go over the cliff will be the financial markets. if the market go into a panic and if the dow tumbles into free-fall wednesday, thursday, friday, i think we'll see something quickly. host: david lightman, thank you for checking in. we will check in with things stand with the fiscal cliff. you can join us honor twitter account at twitter.com/cspanwj. it is down to the wire. robert on the democrats line. caller: i blame the republicans . i do not think they are being honest. they think the american people are stupid. the american people are not stupid. the american people are not going to f
FOX Business
Dec 31, 2012 1:00pm EST
of the republicans and senate, mitch mcconnell, said that he was frustrated with the negotiations with the democrats majority leader harry reid unless he was going to make a call to his longtime friend joe biden to see if they could get the talks moving forward. he said he was looking for a willing dance partner. it appears he may have found one here. the vice president, as you know, has come in at the last minute on numerous deals in the past. the most recently on the big debt ceiling fight back in 2011. shibani: they have 25 minutes to work it all out. ashley: peter barnes, thank you very much. we will be taking the presidents live in about 24 minutes. there is no deal yet. what will be that immediate impacts if they cannot come together. $536 billion in tax increases, payments to medicare providers will drop by 27%, extended unemployment benefits will expire 42 million individuals. we should have listened to our next guest. he called it. if he hopeful we will get a last minute deal? stephen moore. look, you are here earlier this month and said we will be back here talking with you. >> here we are
FOX Business
Dec 31, 2012 3:00pm EST
-mail that i have in my hand caught our attention. senator mitch mcconnell telling republican colleagues they had a deal at 1:45 a.m. but then later this morning which would be early for most people, the white house call demanding that the sequestered be turned off. what are you hearing about that? what does that really means? >> well, upon capitol hill, apparently at the last minute there were some senate democrats who were getting nervous. there has been some division as to whether or not there were trying to replace the sequester, the lay it all together, or to allow some partial cuts. apparently the plant originally was that the senate democrats and republicans will each put forward their own ideas and plans for dealing with the sequester but then again according to our colleague, some senate democrats got concerned about that. they would rather just delay th3 sequester altogether. as a result there was that late phone call asking mitch mcconnell told of. we just heard him on the floor saying that they are going to -- that they were going to wait on that piece and tried to get the ta
MSNBC
Dec 31, 2012 12:00pm PST
with mitch mcconnell essentially borne fruit. republicans annoyed with that. the tax threshold, that's agreed upon. republicans agree, too. what about this sequester? supposed to be the trigger, supposed to be the apocalyptic scenario that made cuts in spending necessary. otherwise we go over the cliff and there are cuts to defense and domestic programs. the president wants to delay them two months, three yearmonta year. many republicans say, absolutely not. many were angry he chose to have a campaign-style event in the white house complex. mitch mcconnell took the floor of the senate and pretty much calling the president's bluff saying, yes, we have an agreement on taxes. let's go ahead and vote on that. leave the sequester the way it is. that's not going to fly. we have an impasse here. there have been reports that the house of representatives to take whatever passes the senate if something passes and do it a minute after midnight. that scenario of steve and i and all of us talking about voting to cut taxes or not. i'm told recently that that's not going to happen. whatever happens, likely
CNN
Dec 30, 2012 9:00am PST
is in the works or out of the question. mitch mcconnell promised aen update as soon as he had any news to make. that could happen when the senate convenes a rare sunday session of congress. looking to dominate his side of the story while leaders wrangle on the details, president obama made his first sunday show appearance in three years, sitting down with nbc's david gregory this morning to talk about the fiscal cliff. >> i'm arguing for maintaining tax cuts for 98% of americans. i don't think anybody would consider that some liberal left wing agenda. that used to be considered a republican mainstream agenda. >> joining me senator olympia sn snowe of maine. let me start with that. it does seem sort of counter intuitive to have republicans wanting to fight for tax hikes for no one and in that fight, being willing to allow tax hikes for everyone? >> you know, i would agree with that. obviously it is important to make sure that middle income america does not confront a tax increase at the beginning of next year, which is less than two days away. that is critical. the second part is, of course, is
FOX News
Dec 29, 2012 3:00am PST
cliff deal. and is it mitch mcconnell to the rescue. live in washington on the 11th hour negotiations. >> and did you know about to fall off the dairy cliff? >> juliet: have you seen the prices? >> dave: as high as 8 bucks a gallon for milk. >> clayton: oak ridge boys bush. special number tribute for number 41. "fox & friends" begins right now. >> am i wrong about that don't the have a deep voice? ♪ >> oak ridge boys have been on this show many times on "fox & friends." >> good morning, everyone. >> dave: good morning. juliet huddy celebrating an early new year's eve. is it new year's eve? >> juliet: sparkly shoes and everything. i feel like we are waking up at 4:00 in the morning on saturday i better be festive. >> clayton: that's what woke me up this morning. >> juliet: this is a beautiful set it has inspired me. >> dave: it's spectacular. >> juliet: it is. >> dave: it's fiscal cliff time. couple of days away. rare i wake up and say i'm moderately optimistic but that's what the president said. you are either optimistic or you are not. the president said he is modestly optimistic a
NBC
Dec 31, 2012 7:00am EST
on the political motivations of the people at the negotiating table. you think about joe biden and mitch mcconnell, mitch mcconnell is totally looking at this through a political lens, what is in the best interest of republicans in his view? from what i understand in his view he thinks what's in the best interest of the republican party is getting the tax issue off the table and then having a big knockdown, drag-down fight with the president in six weeks over the debt ceiling. under that scenario, that would tell me, okay, he's likely to want to make a deal. when you look at the actions that republicans threw out that idea of throwing in the social security change and suddenly democrats balked -- and he pulled it from the table. mitch mcconnell wants to make the deal, get the tax issue off the table simply because he thinks having more leverage -- if you leave taxes there, it gives the white house and democrats more leverage in the debt ceiling. even if they get a deal today we have a big fight in the next six weeks. >> if there is a deal today can it about get passed in time to avoid the fiscal c
CSPAN
Dec 30, 2012 2:00pm EST
question this. that negotiations between harry reid and mitch mcconnell suffered a major setback after republicans demanded the inclusion of a new method for calculating benefits for the package. change came from progressives to result in lower payments. part of the current negotiations on the scale down deal, they say that they gave ground on other issues, including raising the tax threshold, as well as -- that was from two hours ago. sheila jackson mentioned the change that she objects to, she and other outside democrats and house progressives in particular. don is on the democrat's line. go ahead with your comments. caller: i am an old disabled veteran. i love this country so much. i cannot understand for the life of me what our government is trying to do with the bickering and tearing each other down, tearing the country down. why in the world can these supposedly intelligent groups of men and women not get together to work out for the best interest of all concerned, all 330 billion americans, what is the best course to take? just take it. none of this squabbling. get together, fol
CNBC
Dec 31, 2012 3:00pm EST
with mitch mcconnell on the floor saying that we are very, very close. we'll get more details from john harwood in a moment, but right now the markets are voting and they're giving thumbs up with the dow up 138 points. nasdaq up 2% right now. it's been strong all day. now at 3,020. and the s&p up 1.5%. >> look at those stocks go. president obama saying a fiscal cliff agreement is quote, in sight. mitch mcconnell moments ago saying quote, we are very, very close. >> to d.c. and john harwood. he and eamon have been monitoring all day. why are we close but not there yet? what's left, john? >> what's left is the agreement between the two parties on delaying those automatic across the board defense and domestic budget cuts which nobody wants. they deliberately set up so they wouldn't take place. democrats want to defer those for a year. republicans say we're only going to put them off to the extent you can find budget cuts that match the amount that the sequester would have been. now, the republicans are offering two or three months, 60 or 90 days and suggesting cuts. but democrats have not
MSNBC
Dec 27, 2012 9:00am PST
reid is trying to jam mitch mcconnell into allowing this vote to go forward without the 60-vote threshold, something that's necessary for virtually every vote here in the senate and mitch mcconnell says it's time for president obama to lead. the threshold question is, can something pass the house of representatives? can john boehner put something on the floor that needs the majority of democrat support that will not get republican support and none to speak of that would allow taxes to go up for people making more than $250,000 or 400,000 as was in the president's last offer and the answer to that question remains very, very unlikely. so we are where we are. this ain't schoolhouse rock, that's for sure. it's not like the house passes a bill, the senate passes a bill. this is a stand yau and the looks like the ultimate version of white house gridlock. >> right. and you mentioned the threshold. we have senator murkily on later today to talk about how crucial the filibuster is. i want to go right to steve kornaki here. we talk about the weather sometimes because it's more fun than p
MSNBC
Dec 31, 2012 8:00am PST
more time at what is being discussed now. mitch mcconnell and joe biden talked into the wee hours until 12:30 last night and 6:30 this morning. $450,000 as the threshold for couples, $400,000 for individuals over which your taxes would go up about four percentage points. estate tax compromise. this is something democrats want as well because the estate tax is due to zoom up to 55% on estates more than $1 million if they're passed and nobody wants to see that happen. they are trying to work on a compromise. unemployment, insurance benefits. obviously something urgent for millions of people collecting and the long-term unemployed who have been unemployed for quite sometime. delaying that sequester. this is what i'm talking about. they're talking about delaying it perhaps three months. this is the ultimate kicking the can down the road. remember the sequester is what got us to this point to begin with. it was supposed to be trigger, the guiotine hanging over the necks of the members of congress to git them to do something by tonight. we only have about 13 more hours. one more thing to show
MSNBC
Dec 30, 2012 5:00pm PST
of representatives both went into recess, still no deal. republican senate leader mitch mcconnell reached out to vice president joe biden to help reach an agreement. two men who have served as their party's closers, so to speak, on tough deals before. senate majority leader harry reid says he plans to have a plan up for a vote tomorrow morning. although there are serious differences on both sides. >> we're not going to have any social security cuts at this stage, it just doesn't seem appropriate. i still hold out hope we can get something done but i'm not overly optimistic but i am cautiously optimistic. >> republicans pushed back on claims by democrats that the social security benefit measurement, which is known as the chained cpi and basically would reduce the amount of money that senior citizens get under social security, was part of the republican plan. in any case, that is off the table. senator john mccain posted this on twitter, most of us agree the chained cpi is off the table in these negotiations. president obama continued to put public pressure on republicans during his appearance on "meet
CBS
Dec 28, 2012 6:00pm EST
cliff with republican leaders john boehner and mitch mcconnell and democratic leaders harry reid and nancy pelosi. returning to capitol hill mitch mcconnell went to the senate floor saying he is optimistic there can be a deal. he believes it can come by sunday afternoon, and at that point he would go back to the president with whatever it is he and reid are agreeing to. he said's optimistic that the next 24 hours are critical. however, tennessee senator bob cochran says even if a deal does get done don't expect too much. >> we're goakd up with a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> the president did say deja vu all over again. if corker is right, we are going to say some of the same machinations we've seen before. if it doesn't happen, the president wants that up or down vote on his plan. >> remember night, monday night is new year's eve when it all could go bad. >> and happy new year to you. >> thank you, gary. >>> and economists are warning that going over that fiscal cliff could pull us all back into recessi
CNN
Dec 23, 2012 7:00pm PST
? what about senate minority leader mitch mcconnell? >> well, the thing at this point and i'm told by sources is that there are no negotiations going on between senator mitch mcconnell, the republican leader in the senate, and senator majority leader harry reid in hawaii for the funeral of daniel inouye and is now back to washington. it could come down to the senate doing something. senator mcconnell might allow this bill i mentioned that i already passed in july, was a threshold for tax hikes, being at the $250,000 level, he may allow democrats to say, the house has to take this, or if there is some sort of vote on another measure, while mitch mcconnell would be unlikely to support it, perhaps he might let some of his republican senators do that, now, this is sort of thinking, coming from democrats, this is not something that mitch mcconnell at this point is planning to do, and it's very much unclear. the fact is, it doesn't just matter what the senate does, don, the house would have to pass something. and whatever were to come out of the senate at this point would require not jus
FOX News
Dec 27, 2012 10:00am PST
. it is up to the senate to do something. you have senate minority leader mitch mcconnell, the republican saying it is up to the democrats to do something. we'll not do anything until president obama and the democrats come up with a plan and president obama actually late yesterday did call all four leaders, majority, minority leaders in the house and senate that includes mitch mcconnell and said the first time a democrat called him since thanksgiving to talk about this. so they're talking but there is no indication anybody is actually doing anything right now. gregg: what about harry reid? what's his, does he have anything at all maybe towards the end of the week he will put on the table? i've been hearing he will put to a vote an extension of the bush tax cuts for anybody making under $250,000 a year, extend unemployment benefits for some 2 million people that are about to lose them. what are you hearing? >> right. he sounded pretty pessimistic this morning but that could change and there's, kind of a fight, procedurally between the house and the senate in a sense that if reid originates
CW
Dec 29, 2012 10:00pm PST
cliff. the deal they're considering only kicks the can down the road again. >> reporter: mitch mcconnell left the capitol tight-lipped but smiling. harry reid and he are working on a scaled down agreement that focuses on avoiding a middle class tax hike. the plan is to send it to the senate for a vote sunday and then to the house. john boehner had no comment. both sides remain at odds over the democrats' instance that the wealthy pay more in taxes. >> chris: it would only fund the government for 8 days. what does the president propose we do for the other 357 days? >> reporter: president obama insists his plan on the tablt is fair and it include -- table is fair and includes plenty. cuts to spending. >> we can't afford a politically self-conflicted wound to our economy. >> reporter: if the negotiations don't pan out, the president is ready to propose his own scaled back bill that would block tax increases for all but the wealthy and preserve expiring unemployment benefits. with the deficit ticking higher, patience is wearing thin. >> for those of us that invest in the stock market, it's d
CBS
Dec 28, 2012 11:00pm PST
's tax rates are scheduled to go up by law. >> reporter: senators harry reid and mitch mcconnell returned to the senate floor, pledging to work through the weekend. >> we are engaged in discussions, the majority leader and myself and the white house, in hopes that we can come forward as early as sunday and have a recommendation. >> we're gonna do the best we can for the caucuses we have and the country that's waiting for us to make a decision. >> reporter: democratic and republican leaders have agreed to extend jobless benefits and some tax increases. but the income threshold is not yet clear. the president and senate leaders are expressing optimism that they'll get the job done. but the president has a backup plan just in case. >> if an agreement isn't reached in time, between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up- or-down vote. >> reporter: that bare bones bill would preserve tax cuts for the middle class and extend unemployment benefits. it would also lay a foundation for a broader deal to come. danielle nottin
CBS
Dec 29, 2012 7:00am PST
americans' tax rates are scheduled to go up by law. >>reporter: senators harry reid and mitch mcconnell returned to the senate floor, pledging to work through the weekend. >> we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation. >> we're going to do the best we can for the congresses we have and for the country that's waiting for us to make a decision. >>reporter: democratic and republican leaders have agreed to extend jobless benefits and some tax increases, but the income threshold is not yet clear. the president and senate leaders are expressing optimism that they'll get the job done, but the president has a backup plan just in case. >> if an agreement isn't reached in time between senator reid and senator mcconnell, then i will urge senator reid to bring to the floor a basic package for an up-or-down vote. >>reporter: that bear bones bill would preserve tax cuts for the middle class and extend unemployment benefits. it would also lay a foundation for a broader deal to c
CBS
Dec 29, 2012 11:00pm PST
mitch mcconnell left the capitol tight-lipped but smiling after working behind closed doors to avoid the so- called fiscal cliff. he and majority leader harry reid are working on a scaled- down agreement that focuses on avoiding a middle class tax hike. the plan is to prevent it to the full senate for a vote on sunday, then send it over to the house. house speaker john boehner was also at the capitol but left with no comment. both sides remain at odds over the democrats' insistence that the wealthy pay more in taxes. >> the president's tax hike would only fund the government for eight days. americans deserve to know, what does the president propose we do for the other 357 days of the year? >> reporter: president obama insists his plan on the table is fair. and it includes plenty of cuts to government spending. >> we just can't afford a politically self-inflicted wound to our economy. >> reporter: if sunday's negotiations don't pan out, the president says he's ready to propose his own scaled-back tax bill that would block tax increases for all but the wealthy and preserve expiring une
MSNBC
Dec 27, 2012 5:00pm PST
, something that has zero chance of passing the senate. meanwhile, senate minority leader mitch mcconnell knocked heads with reid but also sounded amenable to some kind of deal. >> the so-called senate bill that the majority leader keeps referring to passed with only democratic votes. last night i told the president it would be happy to look at whatever he proposes but the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. hopefully, there's still time for an agreement of some kind that saves the taxpayers from a wholly, wholly preventable economic crisis. >> but is it just more political posturing? senate majority leader reid returned to the floor to encourage speaker boehner to take the deal president obama offered before boehner tried to pass his disastrous plan b. >> again, the speaker can't take yes for an answer. the president has presented him something that would prevent us from going over the cliff. it was in response to something the speaker gave to the president himself. but again, i guess with the dysfunct
LINKTV
Dec 28, 2012 5:30am PST
parties. from the democrat-controlled senate, top democrat harry reid, and the top republican mitch mcconnell. senator reid says there is no time to reach a deal. mr. mcconnell says he is more optimistic. then from the republican controlled house of representatives, the top republican john boehner has rejected president obama's previous offers and the morse -- most senior democrat in the house, nancy pelosi. what is the cliff and can be avoided? >> the house of representatives will be going back into session sunday but at this point we do not know what kind of measure they have before them that they can consider for a vote. there has been no indication from the white house or the republican leadership that they are anywhere near any kind of makings of a deal that they could present to the house republican leadership -- or the house republican rank-and-file who so far have been adamantly opposed to tax increases at any level of income, which is an absolute prerequisite for president obama. if they do not come to some kind of agreement, but that tax to be voted on -- and there is doub
LINKTV
Dec 30, 2012 4:00pm PST
, the news is not good, fegicity. we are told that mitch mcconnell, who is the senate minority leader, representing the republican party. harry reid, representing the democrats, had hoped to have a bill on the table for their caucuses to look at in about 60 minutes from now and the word here is that there has been a major setback. one anonymous source is saying that we are now further back than we were 24 hours ago with these gorks and i'm hearing it is that the republicans have introduced the idea of bringing some changes to sporblee security. that would be the short-term benefit that people are entitled to for a very short time when they have been out of work for six months or more. we knew they were struggling anyway to resolve the key issues, like, for example, how many wealthy families will pay more under president obama's plan? there are inheritance tax issues and the unemployment benefits being kept up. president obama particularly wanted that to go into this bill so that anybody who needed unemployment checks would get them. according to this latest source, even that is up in
FOX
Dec 28, 2012 12:00pm PST
stakes negotiations, harry reid and mitch mcconnell and john boehner and nancy pelosi are joining president obama and the vice-president. the white house insists the president is not putting new offers on the table but there are reports of a compromise to raise tax rates for them. both sides say thar are disappointed. >> it is totally a lack of courage to deal with these issues. from washington to wall street there is a sense of gloom but the prospects of deal. here in dc a new furlough warning went out to federal workers, deep spending cuts and tax hikes go into effect for every 1 on new year's eve if congress doesn't take action. kyla campbell, ktvu channel 2 news. >> thanks, if the president and congress are not able to avoid the fiscal cliff experts say people here in california will be hit especially hard because prop 30 voted into law in november will mean higher sales taxes and income taxes on the state's top earners. the fiscal cliff would add to that, hitting all americans with higher taxes. >> i don't know there is a word to describe how pissed the public is going to be,
PBS
Dec 28, 2012 4:30pm PST
's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a white house meeting today with congressional leaders that ended with no deal. ahead of that, investors lost hope lawmakers can come together in the time remaining. in the last few minutes of trading, stocks sold off. the dow tumbled 158 points, the nasdaq lost 25, and the s&p fell over 15 points. here's darren gersh with more on the critical work that has to get done in washington this weekend. >> port: thpresident declared himself modestly optimistic congress could still reach an agreement to head off huge tax hikes on january first, but he also warned lawmakers to get their work done. >> the american people are not going to have patience with a self-inflicted wound on the economy. >> reporter: senate republican leader mitch mcconnell called the white house meeting a good one and he told his fellow republicans he hoped to have a fiscal cliff recommendation soon. >> we will be working hard to see if we can get there in next 24 hours a
PBS
Dec 27, 2012 4:00pm PST
check. >> mitch mcconnell, the republican leader in the senate, said that he thought there was still time to avert what he called a budgetary fiscal crisis on tuesday the 31st. all of these attacks increases and spending cuts kick in. he is not very optimistic that the deal can be done. everybody is blaming each other. people in the senate have convened today, the house of rep is evidence, particularly the house of representatives. and as a lot of talking lot of brinkmanship, a lot of blame being traded and quite a lot of talking. no sign of a breakthrough. >> mr. obama has been talking to various congress people, looking at the pictures coming to us from the floor of the house, it does not look particularly busy. it does not look like there is a sense of urgency percolating through the system at the moment. >> president obama got back from his holiday early. the senate has convened now. they're looking to express their concern about the situation. members of the house of our as additives, which are really a key component. this is a refusal of of the republicans of the house of repre
FOX
Dec 30, 2012 10:00pm EST
mitch mcconnell are now talking agreement bott sidessof the senate caa agree on. 3 3 &p obviously, whaa had happened here between the two leaaers innthe senate had broken down because the senatt democrats republiianssmade last night. so hoppfully, the discussions back on track, hopefully get a can vote on, hopefully today - or tomorrow. it's not just your taxes, in 26 hours will have a edinn devastatiig effect on deffnse cuts will spiral outward to government conttactors aad coull lead tt widespread layoffs according to economisss. 3 and we're tracking morr breaking news out of washington. secreeary of hossitalized with a blooodccoo - suffered earlier this month. mrs. clinton had a severe stomachhflu that doctors saay her heed.. there's no wood - where it is located. we'll kkep tracking her condition and bring you he latest as it developp. police are askiig for yyur help to catch the people in the past 24 hoors.te shootin& hours.. tte latest was a pt the intersectton of head reisterrtown road and bryant avenue. we wwre on the scene as homicide ddtectives arrived &pjust af
NBC
Dec 29, 2012 11:00pm EST
$16 trillion debt. >> sources say senate leaders harry reid and mitch mcconnell are drafting a small stopgap plan that could include extending unemployment insurance, protecting 30 million americans from paying the alternative minimum tax, and allowing tax rates to increase on the wealthiest americans. but the issue remains a major sticking point, with many republicans resisting any tax increase. economists says the last minute product -- a process called into question washington's ability to deal with the hard issues of tax reform. >> the prospects for the economy are incredibly dim until we tackle these challenges and put some certainty into the economy and boost confidence. >> meanwhile, americans watch with worry and frustration heard >> i think they are failing as. i am so sick and tired of them. >> is it the equivalent of worrying about your mortgage after you are homeless. it is a sad. they have a job to do and they are not doing it. >> tomorrow morning, president obama will be david gregory's guest on "meet the press". you can catch his interview on 11 news at 10:00 a.m. now
CW
Dec 28, 2012 9:00pm CST
but sustaining that trend is gong to require a elected officials to do their jobs. mitch mcconnell and his democratic counterpart harry reid are supposed to keep talking tomorrow there could be a breakthrough by the end of this weekend but the president has repeatedly demanded for the extension of tax cuts below $250,000. illinois comptroller judy thinks that the impact on illinois could be as high as $1 billion if lawmakers don't strike a deal before the deadline. social security and income tax increases would lower the state's revenue by up to 5 billion. this is all coming down the pipe because we have yahoos in congress who can't sit down and to do the job. pessimism helped push stocks down friday for a fifth straight day the industrial average dropped 158 points. paul lisnek says lawmakers know what's at stake if we passed the deadline with no deal. >>, chris can peddle their way back the economy may not be able to withstand the pressure, it's too fragile so i really believe that members of congress will actually put the needs and the welfare of the country ahead of their own politica
CW
Dec 30, 2012 9:00pm CST
was pulled from the table. vice president joe biden -- talked to minority leader mitch mcconnell several times today...in an effort to break the stalemate. hopefully, the discussions between the vice president and senator mcconnell will get us back on track, hopefully get a breakthrough and something we can vote on. i hope by the end of day tomorrow night, we can celebrate the end of this year and the beginning of a new year with good news for the american people." the senate adjourned for the nine and will reconvene tomorrow at 11:00 a.m. eastern time. even if it some type of deficit deal is reached the there will be just hours left to get it passed through both chambers of cocongress >> secretary of state hillary clinton is in the hospital in new york tonight with a blood clot related to a concussion she suffered earlier this month. doctors discovered the blood clot during a routine follow up exam today. mrs. clinton is being treated with anti-coagulants. she will remain in the hospital for at least 48 hours, so doctors can monitor her condition. mrs. clinton suffered the concussion
ABC
Dec 31, 2012 12:00pm EST
. >> mitch mcconnell and senate democrats hit a stalemate on the weekend and he met twice today with the vice-president. >> i am willing to get this done, but i need a dance partner. >> the deal is tenuous and needs to get through a republican- controlled house as a countdown of a different kind chris closer, that is set to trigger a broad tax increases and drastic cuts. our top priority has to be to make sure taxes on middle-class families don't go up. that would hurt our economy badly. >> this afternoon it appears we are very close to a deal. if not, an average american family will start the new year with a $3,400 tax hike. here's hoping there's a reason to raise your glass in a post tonight and a sigh of relief. john gonzalez, abc 7 news. >> you can get the latest on efforts to reach a fiscal cliff steel throughout the day. wjla.com. we will have full coverage at 5:00. happening right now, developing news out of new york. secretary of state hillary clinton is in the hospital this afternoon. she is big news for blood clots. t-fal in her home earlier this month and suffered a concussion. dur
ABC
Dec 30, 2012 6:30pm EST
senate leaders harry reid and mitch mcconnell are work on a stopgap bill. >> at some point, the negotiating process, it appears that there are things that stop us from moving forward. i hope we are not there but we are getting close. >> i want everyone to know i am willing to get this done. but i need a dance partner. >> reporter: the legislation would prevent a tax increase for reveille 98% of the -- for roughly 98% of workers extend unemployment benefits and prevent a huge cut in payments to medicare doctors. >> we should introduce legislation that would make sure middle class taxes stay where they are and there should an up or down vote. >> reporter: if they reach a deal it won't pass congress necessarily by monday night. if it doesn't every body income tax also go up. average family would pay an extra $3446 more in 2013. and farm programs would expire. potentially doubling the price of milk. and if congress doesn't pass a new bill. >> we will come back with a new congress in january 4th and the first bill that will be introduced will be class families. >> reporter: the
FOX News
Dec 30, 2012 3:00pm PST
spending. senate minority leader mitch mcconnell says he never received a response to a republican offer last night and is reaching out to vice president joe biden to kickstart negotiations with the white house at this point. the senator saying fail to go solved the crisis is simply not an option. >> the consequences of this are too high for american people to be engaged in a political messaging campaign. there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the courage to close the deal. i want everyone to know i'm willing to get this done. but i need a dance partner. >> a dance partner. meanwhile democrats being led by senate majority leader harry reid who says he's cautiously optimistic about reaching a deal but warns there's not much more negotiating that can be done on his end. >> i don't have a counter offer to make. perhaps the day wears on, i will ble to. i will say that i think that the republican leader has shown good faith. it's just we're apart on pretty big issues. >> that was earlier. let's
CSPAN
Dec 29, 2012 6:00am EST
by the list on the fiscal cliff negotiations from capitol hill. first, harry reid and mitch mcconnell and then remarks from president obama at the white house. also, yesterday, senators carl levin john mccain of for their ideas for bypassing the bill buster to -- it would change the senate rules to assemble a majority vote. they spoke for about half an hour. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] ok, sorry for the delay. we thought we had a vote, but there was no vote. senator mccain and i are part of a group of eight senators who have been working for about a month to come up with a proposal for our leaders and our conferences, which will hopefully overcome the gridlock that has so permeated the u.s. senate. the eight senators who have participated in this effort are myself, senator mccain, senator schumer, senator alexander, senator cardin, senator kyl, senator prior, and senator barasso. it is a bipartisan proposal, and we believe strongly we must reform the senate's procedures if it is going to do business m
FOX Business
Dec 31, 2012 5:00pm EST
what senate minority leader mitch mcconnell said earlier today. we have members from both the house and senate on what happens next. i'm adam shapiro, in for melissa francis. on "money" the capital-gains tax in the cross-hairs. the capital-gains tax will spike in the new year. how can investors protect themselves from the coming blow? respect your elders or else. a parents dream, a child's burden. adult children forced to financially support mom and dad and pay regular visits in one major country. we'll tell you where and why they're doing it. even when they say it's not, it is always about money adam: had enough of the fiscal cliff yet? before we go there, let's take a look at the day's market headlines a whipsaw for the session for the markets on their last trading day of the year. signs congress was taking major steps toward a fiscal cliff agreement. the dow closed near session highs, climbing 166 points the dow gained 7.3% for the year. now that sent the fear index or the vix into a tailspin. it nosedived 20% as fiscal cliff optimism swept over investors. it had been up almost 3
FOX Business
Dec 31, 2012 6:00pm EST
about spending more money. there is no savings, no cutting back. >> well, senator mitch mcconnell , the republican leader in the senate has been negotiating with the vice-president on behalf of the president, mcconnell went to the floor to say that there will be spending cuts down the road here . they had come to agreement on the tax part of this and wanted to get that passed and approved so that hundred million plus american families would not be facing a tax increase on january january 1st. it looks like that they will. we are going to go over the cliff, but congress is going to try to fix that in the next few days. he promised more spending cuts will come. remember, republicans do have the debt ceiling coming to. they have to approve an increase in the debt ceiling, probably by late february or early march, and that will be their leverage, they say. gerri: a perfect storm. thank you for telling his about it, coming on. good luck over this next 44 hours. it will be intense. meanwhile, as a nation we continue to change our way forward work toward another recession. without a deal
CBS
Dec 30, 2012 7:30am PST
to be a long term solution. >> senate republican leader mitch mcconnel left smiling. >> make any progress today sir? >> he and harry reid are worked on a scaled down agreement that focuses on avoiding a middle class tax hike. the plan is to prevent it to the full senate for a vote sunday and then send it over to the house. house speaker john boehner was at the capitol but left with no comment. both sides remain at odds over the democrats incest ent of the higher tax rates. >> it would only funneled the government -- fund the government for 3 days. sdwlsz -- >> president omaba insists his plan on the table is fair. >> we just can't afford a self-inflicted wound to our economy. >> if sunday's negotiations don't pan out the president says he's ready to propose his own scaled back bill that would block increases for all by the wealthy and preserve expiring unemployment benefits. >> with the deficit ticking higher patience is wearing thin. >> for those of us who invest in the stock market it's disgusting to watch them play around with our money. >> missing in all the last minute negotiations is talk
MSNBC
Dec 31, 2012 4:00pm PST
't afford it. >> just an hour later, senate minority leader mitch mcconnell signalled his agreement with the president. >> so i agree, let's pass the tax relief portion now. let's take what's been agreed to and get moving. we all want to protect tax pairs and we can get it done now. >> however, despite what sounds like good news, there will be no vote in the house tonight even in the house reaches a deal. in fact, the senate has adjourned until tomorrow. >> joining me now when we talk a couple of hours ago, there wouldn't be a vote on either side. but maybe something from the senate tonight? quite possibly. aparentally, the sticking point, we've been talking about this all day, they wanted to delay these automatic spending cuts. they were supposed to force everybody to act. what they have agreed to is a two-month delay in those spending cuts. we're talking about $12 billion a month, $24 billion. it is a measly amount of money when you consider the federal budget. the federal budget out lays about $4 trillion a year. that's the state of play right now. they're trying to tab yup late
MSNBC
Dec 27, 2012 8:00am PST
. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to filibuster. of course they're talking about a bill that had raise capital on couples making more than $250,000 a year, and do a few other nuts and bolts that are deemed the bare minimum that the president wants to see done before we hit january 1st. i've got to tell you, though, getting back to the votes, the votes simply aren't there in the house of representatives for that. they're likely not even there in the senate, so we're back at square one, amazing as it is to say at this point, thomas. >> when we talk about what we know about the presid
MSNBC
Dec 27, 2012 3:00pm PST
on his side. that's why speaker boehner and mitch mcconnell are cracking up with the clock ticking. joining me now is form er pennsylvania governor ed rendell. jerry bernstein, senior fellow at the center and jonathan, opinion writer for "the washington post" and an msnbc kriblt tor. contributor. thank you all for coming on the show. governor rendell, let me start with you. have you ever, ever seen anything like this? i mean, where is the leadership? >> yeah, this is amazing. if i were the president, i'd be tremendously frustrated. you have to have somebody to negotiate with. there's nobody across the table for the president to strike a deal with. and the president has been forthcoming. he's been expansive. he's already moved. he's moved from 250 to 400. he's made significant steps. he's laid out some of the entitlement forms that he's willing to accept. he's moved about as far as he can move because there's nobody coming back to limb saying we'll do this and we'll do that. it's really irresponsible. >> it's very irresponsible. jonathan, you look at the fact that they're not being
MSNBC
Dec 29, 2012 4:00am PST
to senate minority leader mitch mcconnell. >> we had a good meeting down at the white house. engaged in discussions in the hopes we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. >> and the senate is set to reconvene sunday at 1:00 eastern time. the house also expected to be in session on sunday. they'll start at 2:00 eastern time with the first votes coming at 6:30. let's head up to capitol hill. mike viqueira is there. so what? even if they reach a deal today or tomorrow? do we have time to get this dup? >> i think so, t.j. if they sign off from everybody in the senate. if everybody stands up, no & nobody objects. they call it unanimous consent around here. they can wave their hansory anything. badda bing, badda boom. it's out of here. you look at senate leaders on the floor, and you ask what the heck took so long? the first senate session since 1995 to fall during the holiday week. known all along the fiscal cliff is looming, yet the deadline spurs action. not a done deal. still a c
MSNBC
Dec 30, 2012 12:00pm PST
? >> well, we are certainly getting closer and there is still time to go. the fact that mitch mcconnell and joe biden are now leading these talks is actually somewhat encouraging because these two have cut deals before. they have served together for quite a while in the senate. they were part of the debt ceiling negotiations last year and it was believed that mitch mcconnell would be brought in to these negotiations. the fact that they are still talking and on capitol hill yesterday and here today and remains hopeful that something can come suggests they are eager to cut some kind of a deal. we will have to wait and see whether or not it is conceivable by the end of the day. >> you wrote an article titled "the fiscal cliff is just an early battle in a war that democrats are going to win" where do you think republicans went wrong? >> well, you know, the problem for republicans i think isn't so much a tactical decision they made but isn't acknowledging where public opinion is. the reason democrats have the upperhand isn't just because the policy they want sort of happens automatically. al
FOX
Dec 30, 2012 11:00pm EST
president came back from delaware to talk with senator mitch mcconnell. they are expected to negotiate on the phone throughout the night. >> willing to work with whoever, whoever can help. there's no single issue that remains an impossible sticking point. >> none of the votes we'll be casting today have anything to do with the fiscal cliff we face in slightly more than 24 hours. we're here and ready. >> congress will work through tomorrow, with republicans likely insisting more spending cuts be included. >>> budget cuts are at the department of defense also in the cross hairs, raising new concerns about national security. fox's peter doocy looks at what it could mean. >> reporter: senator lindsey graham told me this morning his phone rang saturday night and was the defense secretary calling saying he was told the bill to avoid the fiscal cliff will not avoid anything for sequestration. so he'll need to write 800 layoff notices to contractors. >> if the president doesn't deal with this, he's a lousy commander-in-chief. if there's a deal done that doesn't set aside the defense cuts, we'v
CSPAN
Dec 27, 2012 10:00am EST
of senator mitch mcconnell? guest: the line that comes from the speakers office all the time is the line of communication remain open. i don't know how much talking they did as the president was in hawaii spending time with his family and the speaker was back home in ohio, i believe. i don't know that for sure. everyone was doing their family time and not really working that significantly on something. i think there was probably some minimal conversation, but not a lot. as for the senate minority leader mitch mcconnell, i think that is a good one. a lot has been made in the past few days about him taking a higher profile role in these negotiations. while i don't like prognosticating into the future, we can look at the past in some of the previous negotiations of congress and the kind of role he has played. almost all of these talks, whether it was about government shutdown in the spring of 2011 or the debt limit debate in the summer of 2011 or the payroll tax-cut debate last year, those negotiations started at a level between the president and speaker but always broke down at that level
MSNBC
Dec 24, 2012 10:00am PST
the focus shifts to the senate. senate majority leader harry reid, minority leader mitch mcconnell will have to try to hammer out some sort of a compromise to avoid going over the cliff, but as you pointed out in your introduction, a lot of senators over the weekend expressed concern that, in fact, we will go over the fiscal cliff. of course, if is that happens, the economy could eventually slip back into recession. one interesting point, thomas, though, last time that members of congress worked between christmas and new year's was 1996. that was during the government shutdown. this is really a rare occurrence for members of congress to have to come back and work out legislation that they went able to get done before the christmas holiday. >> the president is supposed to stay there for how long? >> well, of course, the white house not really giving us specifics about the president's travel plans at this point in time. the reality is i think the president is himself trying to figure out what he is going to do, but we do expect that he will cut his vacation short. you've heard the president hi
MSNBC
Dec 27, 2012 9:00pm PST
with the president, the democratic leader in the senate, harry reid, and the republican leader mitch mcconnell have come together and they have saved the day. they did it again and again. it happened in 2010, when mitch mcconnell actually worked with joe biden to extend the bush tax cuts and they got a bunch of stimulus passed. it happened in 2011 when reid and mcconnell were key in resolving the debt ceiling fight. and people thought it could happen again this time. what's different now is mitch mcconnell is up for re-election. and it is weird to say this aloud, what i'm about to tell you. i have never even thought about how weird it is to say until tonight's broadcast. but the person mitch mcconnell has in his head right now, the person he's maybe a bit afraid of, is ashley judd. yeah. that ashley judd. >> don't cry. don't cry. you're going to be fine. >> okay. >> mitch mcconnell's up for re-election potentially against ashley judd. she might be running against him. and she's polling well. they're only about four points apart. so he doesn't want any trouble. he certainly does not want a conservat
CNN
Dec 30, 2012 1:00pm PST
leader, mitch mcconnell. to me, what is most interesting there is the fact that it seems to be that this opening of dialogue between mitch mcconnell and the vice president, who have a good relationship, very good working relationship, trust each other have done deals before. the fact that he sees hope there is interesting. there's not a lot of hope right now going on here but the fact that he said that is noteworthy. i should also tell that you we told you earlier that we expect harry reid to come out to the microphones. i was just told that is not going to happen, should not exact him to come and talk us to after his meeting, which is going on behind those doors right now with democrats. >> dana bash, great to have that insight from the republican side of things. we will hear from the democrats later. >>> bring in ali velshi, we want the financial perspective on all of this won't be long before the markets are open and reacting and i guess that's maybe where rill begin ali, i know only a half day of trading. >>> it is going to be a full day of trading tomorrow but the la
MSNBC
Dec 31, 2012 6:00am PST
. >> i want everyone to know i'm willing to get this done, but i need a dance partner. >> mitch mcconnell called on vice president joe biden to be that dance partner. biden has brokered 11th-hour deals with the republican leader in the past. mcconnell's appeal came just hours after the president appeared on "meet the press" and called out republican leaders by name. >> congress has not been able to get this stuff done, not because democrats in congress don't want to go ahead and cooperate, but because i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of an overall deficit reduction package. >> nbc's capitol hill correspondent kelly o'donnell is live on capitol hill. kelly o., i'm looking at the clock, we are now 14 hours and 58 minutes from going over the fiscal cliff. let's outline -- >> reporter: but who's counting, right, chris? >> yeah, who's counting? let's go over for people, what remains unresolved? it seems like two weeks ago they were pretty well set on the ba
MSNBC
Dec 29, 2012 9:00am PST
mitch mcconnell trying to put together some alternative package that could in fact make its way through both houses. after they met with the president on friday, they sounded cautiously optimistic. here's what they had to say. take a listen. >> we'll be working hard to try to see if we can get there in the next 24 hours. and so i'm hopeful and optimistic. >> i'm going to do everything that i can. i'm confident senator mcconnell will do the same. but everybody, this is whatever we come up with is going to be imperfect. >> and t.j., there's a lot of pressure on lawmakers and on the president to get something done. we've already seen the markets impacted by this. a lot of americans have just expressed frustration and concern over what's going to happen to their tax rates in the new year if in fact lawmakers can't get a deal. so there's a lot of public pressure to get something done on this. and of course, time is really running out. t.j.? >> kristen welker for us at the white house. thank you so much. and joining me now with some inside perspective, there he is smiling this morning, democr
FOX News
Dec 30, 2012 9:00am PST
. a spokesman for senator mitch mcconnell says while the president was tapingly those remark, senator mcconnell was trying to bring republicans and democrats together on a solution. the spokesman notes, discussions continue. if senator mcconnell and harry reid can reach a deal in the next couple of hours, leading senate republican notes there is no guarantee it will pass both the house and the senate. >> if mcconnell can't get 60% of us to vote for this deal, it will be hard for boehner to get it through the house. i want to vote for it even though i won't like it because the country has a lot at stake. >> among the republican krengs any revenue generated by a potential deal, they would like to see it come do paying down the deficit, not new government spending. shannon? >> how confident are the "cook's essentialsal" democrats about the ability to get this done? >> reporter: congressional democrats do not sound over confident. they recognize this is a heavy lift between the top two senators in the next couple of hours. but a leading new york democrat sounded cautiously optimistic. >> the
FOX News
Dec 31, 2012 8:00am PST
, it will come down to those pesky details. vice president joe biden and senate minority leader mitch mcconnell the republican leader have been the key figures in these negotiations after talks stalled over the weekend between mcconnell and senate majority leader harry reid. mcconnell says he and the vice president spoke last night at 12:45, again at 6:30 this morning. mcconnell explained why he reached out to his former senate colleague mr. biden. >> i also placed a call to the vice president to see if he could help jump start the negotiations on his side. the vice president and i have worked together on solutions before, and i believe we can again. >> obviously we were watching to see what the senate does at this hour, what is said at this point i'm hearing it sound like 2:00 eastern time may be another critical time, when they may run by their members, the republicans and the democrats, the latest on those talks, and if there is a deal the details of the deal, jon. jon: we just had senate majority leader read making some remarks from the microphone, perhaps i'll get to word from the control
CSPAN
Dec 31, 2012 12:00pm EST
. >> what are you hearing in regard to the fiscal cliff? >> mitch mcconnell has been in negotiations with vice president joe biden. we know they spoke at least twice over night. the last conversation we are aware of was about 6:45 this morning. we don't know the status of those talks. we don't know whether they are its senate offers back or fourth. leaders of both parties have said little this morning. senate majority agree -- leader harry reid came to the floor and did not have much of an update. if there is is going to be a deal today, it will be between mr. mcconnell and mr. biden. there is little in the way of ongoing conversation between mr. reed and mr. mcca mcconnell. >> what about the mechanics of any deal if there is an agreement at least in the senate -- how quickly can come to the floor and how likely is it we can see action on the house floor later today or tonight or tomorrow? >> it becomes tricky. we know what the allies of any deal would be. they have been bandied around for about two years. translating the outline of the deal in legislative language is difficult and t
CSPAN
Dec 29, 2012 7:00am EST
tomorrow afternoon. host: both majority leader harry reid and mitch mcconnell both expressed optimism after the meeting with the president. what is the basis of their optimism? is this a sign we might be one step, two steps, through step closer to a deal? caller: it does appear we are a step closer to a deal. they are talking about doing is extraordinarily popular stuff. except for the big marquee item, which is letting taxes rise on the wealthy. the rest of the stuff they are looking at doing the stuff they do all the time. it is extending an expiring tax policies. they know the benefit businesses. extent college tuition credits. there are looking at protecting people from the alternative minimum tax. it is all very urgent stuff that needs to be done. there are only two remotely controversial pieces of this, that is what to do with the estate tax and to how to define the wealthy people whose taxes are going to go up. the rest of it is, basically protecting people from tax hikes. i guess extending unemployment benefits and sometimes controversial for the republicans. it appears to have agre
MSNBC
Dec 26, 2012 6:00am PST
removed himself from these discussions. harry reid, president obama, and a little bit of mitch mcconnell. what is possible of making a deal? >> the ball seems to be in mitch mcconnell's court. does he filibuster anything that harry reid ends up making with president obama? we have a paired down legislation extending for income below $250,000 and doing something with unemployment insurance that you were talking about? the question is a senate filibuster, democrats need 60 votes and republican votes, mcconnell ends up filibustering and will there be senators who support the legislation and blocking the filibuster. a lot of gymsmanship and republicans when you lock at the situation in the house and the inability to pass along the other things, they are on the verge of taking a lot of blame if they filibuster the legislation and the house doesn't act on it. >> and only democratic support developing here. how much is he going to agree with the president when he has the election in 2014? some folks don't want to appear in any way too close to president obama right now. >> let's move on in term
MSNBC
Dec 28, 2012 11:00pm PST
from mitch mcconnell talking about the next steps. let's see if we can run that out. >> we had a good meeting at the white house. we are engaged in discussions, if majority leader, myself and the white house in the hopes that we can come forward as early as sunday and have a recommendation. that i can make to my conference and the majority leader can make to his conference. >> i'm going to do everything that i can, i'm confident senator mcconnell will do the same. but everybody, this is -- whatever we come up with, this is going to be imperfect. and some people aren't going to like it. some people will like it less. but that's where we are. and i feel confident that we have an obligation to do the best we can and that was made very clear in the white house. we're going to do the best we expect the caucuses that we have and the country that's waiting for us to make a deposition exhibit. >> clarence, you've seen this movie before. it sounds like something is in the works here, huh? >> yeah, something is in the works at least on the senate side. on the house side, we still don't know abo
CNN
Dec 31, 2012 6:00am PST
senate minority leader mitch mcconnell, the top republican in the senate, and vice president joe biden. these are the two players right now. they discussed a possible remedy late into the night, around midnight, we are told, by an aide to mitch mcconnell, and at least at the staff level negotiations began again this morning. the question everyone wants to know, suzanne, of course, is are we going over the cliff? it appears very -- it's sort of unclear at this point. it's difficult to see how we kind of don't logistically and politically at this point, but the president has said he's optimistic, and so have some republicans. >> brianna, finally, what is the drop dead last deadline here in terms of whether or not we know this is going to happen or it's not going to happen? >> reporter: that's interesting because everyone would presume the drop dead deadline is tonight, and obviously to avert some of these tax cuts expiring, and it's not just these income tax rates, it's a bunch of other things as well and these spending cuts, that would be tonight. but the sense i'm getting and the sense
FOX News
Dec 31, 2012 6:00am PST
. yesterday, republican senate leader mitch mcconnell made an emergency call to the vice president joe biden in an evident to jump-start negotiations. heather: if no deal is haed out today, majority leader reid says he will call a vote on a separate white house plan that reflects's original proposal. gregg: chief correspondent mike emanuel kicks off the coverage. mike, where do the things stand in the fiscal cliff talks at this critical late-stage? >> reporter: gregg, there seems to be some hope that conversations between vice president joe biden and senator mitch mcconnell can produce a deal. aides say the two men spoke multiple times last night and will continue working toward a solution. mcconnell called the vice. president bush: after weighing 18 hours from senate majority leader harry reid who seemed to throw in the towel. >> there is still significant difference between two sides and negotiations continue. there is still time left to reach an agreement and we intend to continue negotiations. >> reporter: a big issue is what thresh do you continue the bush tax cuts. the democrats latest
CSPAN
Dec 30, 2012 9:30pm EST
was that mitch mcconnell had been in contact or actually gone to speak with vice president biden. what can you tell us about that? >> i love this one, right. the republican leader calls joe biden off the bench, right. this is kind of what we all had been waiting for. the senate republican leader and the vice president have a good working relationship. we saw that last summer in the debt ceiling debate. those two guys swooped in at the end and helped make a deal happen. when i talked to mcconnell's folks last week, they said, you know, the vice president has been on the sidelines here. we have not been contacted by them. we have not been contacted by the president. it was an interesting move by mitch mcconnell to call joe biden today and try to jump-start these negotiations when they locked up with the majority leader on the democrat side. that will be something to watch in the coming hours. democrats are concerned he will cut a bad deal. they're feeling pretty good right now. will joe biden come in an emboldin the republicans or will the dems hang together across pennsylvania avenue from the w
CNN
Dec 31, 2012 1:00am PST
today where we thought there was a total breakdown. tonight it's between senator mitch mcconnell and vice president joe biden. we're some of the last people in the building. i know -- come on through, guys, if you want. there's one of the crews that -- the worker crews are starting to come into work tonight. we're the last reporting crew. all the members of congress have pretty much gone. the republicans in the house were meeting late tonight to try to talk about what to do, in the end this is what our producer deirdre walsh heard from them. the message is just sit tight, stay tuned and i think what we have to do, don, is find out tomorrow morning, whether there is any progress between senator mcconnell and vice president joe biden. there is definitely hope. there is not a lot of time. >> let me tell you this, lisa. when you see the workers there, and the crew that -- and those are the people who these negotiations are about. every day americans who work these types of jobs, who are every day americans and so there you go. i think that is absolutely tells the story. >> don, i wan
FOX News
Dec 29, 2012 4:00pm PST
more. mike, you just got new details 23r* mitch mcconnell. what are they? >> that's right. discussions have been taking place all day. both sides have been trading paper, ideas and that talks continue. we understand legislative staff will continue working into this evening. meanwhile, huer is a fair and balanced look at where things stand. >> i do think that something will happen over the next few days relative to the revenue piece. hopefully we can rescue most americans from a tax increase. but what we haven't dealt with again is the spending component. jay we just can't afford -- >> we just can't afford a politically self-inflicted wound to our economy. keeping it that way means folks you sent to washington have to do their jobs. the housing market is healing, but that could stall as folks are seeing smaller paychecks. >> with time running out, it sounds like conservatives may have to fight spending when raising the debt ceiling is the new fight in the new year. harris? >> mike, democrats say they know they need republican help to get this through. they are counting on a top republic
FOX News
Dec 29, 2012 7:00pm PST
congressional correspondent mike emmanuel has more. mike, you just got new details 23r* mitch mcconnell. what are they? >> that's right. discussions have been taking place all day. both sides have been trading paper, ideas and that talks continue. we understand legislative staff will continue working into this evening. meanwhile, huer is a fair and balanced look at where things stand. >> i do think that something will happen over the next few days relative to the revenue piece. hopefully we can rescue most americans from a tax increase. but what we haven't dealt with again is the spending component. jay we just can't afford -- >> we just can't afford a politically self-inflicted wound to our economy. keeping it that way means folks you sent to washington have to do their jobs. the housing market is healing, but that could stall as folks are seeing smaller paychecks. >> with time running out, it sounds like conservatives may have to fight spending when raising the debt ceiling is the new fight in the new year. harris? >> mike, democrats say they know they need republican help to get this throu
MSNBC
Dec 24, 2012 11:00am PST
than expected because of, say, harry reid and mitch mcconnell are able to work something out? >> reporter: i think that that is very likely. you heard president obama sort of signal that he's going to do that when he spoke on friday. he talked about the fact he'll be seeing everyone this week. we get the sense that he is prepared to cut the vacation short. i would not be surprised to see president obama heading back to washington, d.c. at the end of this week. thomas? >> set the sand on the soles as soon as you can. >> reporter: i will. >> merry christmas. thanks. >> reporter: you, too. >>> there are senators on both sides of the aisle saying that the best hope before the new year is a small and temporary deal that will at least buy americans some time. >> i think there's unfortunately only a small deal. i think we'll get past it but we have to get to the big deal. >> we can't let taxes go up on working people in this country. it is going to be a patch because in four days we can't solve everything. >> all right. let's dig in and talk more. joining me is lynn sweet and bob cu
MSNBC
Dec 27, 2012 6:00am PST
a bill unless mitch mcconnell allows it to come for a vote for a simple majority. they are seeking assurances that he won't try to block it. for his part he said it's up to the president to lead. unclear if anything is going to happen today. it's becoming more and more likely we will hit january 1st without a resolution. >> peter, obviously the president gets back a little bit from now. what are we hearing about their strategy? we have that very effective bully pulpit? >> it's a good question. the president is supposed to arrive a couple hours from now. 72 degrees for honolulu. better hope he brings sunshine back with him. the real challenge is when he gets here, there is barely 100 hours before the headline hits. he said a short time ago describing their strategy and it remains not too dissimilar. it's not whether we can get a deal done or not. whether mcconnell will filibuster such a deal and will boehner allow a vote. the strategy he indicated moments ago. that doesn't look like good news with the frosty exchange of statements between house speaker boehner yesterday and majority
MSNBC
Dec 31, 2012 7:00am PST
. minority leader mitch mcconnell called vice president biden in an effort to jump-start negotiations and there are reports of significant movement, giving some hope that some house republicans will go along with the deal. >> i do believe there are at least two dozen who would vote for the kind of agreement we're hearing about being put together in the senate. >> the vice president and i have worked together on solutions before and i believe we can again. >> there are some indications on how they're getting a little closer to an agreement. when it comes to income tax hikes "the washington post" reports that democrats counter offer sets the threshold at $450,000 a year for taxes to go up. republicans are looking for $550,000. democrats are no longer insisting on raising the estate tax on the very wealthy. they will now agree apparently to an up or down vote. that was key for republicans. still, both sides remain far apart on extending unemployment benefits and on the sequester. of course that is when the steep automatic spending cuts would slash budgets at the pentagon and other govern
CNBC
Dec 27, 2012 4:00pm EST
republican leader mitch mcconnell adding his voice to a day that has seen a number of people talking, including that man, harry reid, the majority leader of the senate. we've been getting mixed signals. the biggest signal we got was regarding the house which is coming back to -- reconvening sunday night, and that brought the market back in a big way, but now we're hearing from mitch mcconnell and let's bring in eamon javers there on capitol hill, i mean, the rumor had been, a lot of traders talking here, eamon, that maybe there's a dell brewing between the president and the senate. that doesn't sound like anything is going on right now according to rich mcconnell. >> what we got was a facebook post from scott brown who said he was come back to washington and jumping on an airplane to review some new proposal from the president that they expected to get. the whole afternoon has been spent by reporters trying -- trying to figure out what was going on. now harry vaed responding to mcconnell so let's right to it. >> he's upset because, quote, the phone never rang. he complains i've not d
CNN
Dec 30, 2012 12:00pm PST
of light. and that is, that senate minority leader, of the republican, mitch mcconnell and vice president biden have spoken. they've spoken twice. and the two of them have a history of cutting deals together. they were able to cobble together the debt deal that got us through the debt negotiations and kept the country from defaulting back in the summer of 2011. does this mean it will happen again? no. but it at least means there is a line of communication open between democrats and senior democrat and republican and the possibility that who knows, maybe there could be a path forward and this very late hour. ali, i'm not saying there will be. >> which is why nobody is saying we're done. nobody is saying this is over. you know, for the last few weeks, most people will recall that the conversations have been between president obama, at least the public ones, between president obama and john boehner. john bain certificate sort of sitting this one out. it's now harry reid, the senate majority leader, the democrat, and mitch mcconnell, the senate minority leader, the republican and joe biden ha
CNN
Dec 31, 2012 4:00am PST
leader mitch mcconnell. john boehner not in this, nancy pelosi isn't in this, not even the president. the house reconvenes at 10:00, the senate at 11:00, bright and early. sarcastic. neither of them showing particular signs of progress. >> these two worked together in the senate for 20 years. so you hope -- >> in fairness, the houses are not convening. these guys are not working. i don't care if it doesn't play out in the media. the big stumbling block has been avoided. republicans dropped their demand to reduce social security cost of living increases. >> i was really gratified to hear republicans had taken the demand for social security benefits off the table. truth is, they never should have been on the table to begin with there is still significant distance between the two sides, but negotiations continue. >> the consequences of this are too high for the american people to be engaged in a political messaging campaign. i'm interested in getting a result here. >> they have all been politically messaging, not sure why they are being critical of it now. thousands of there's of your t
FOX News
Dec 28, 2012 4:00pm PST
is that the president basically told john boehner and mitch mcconnell the republican leaders in the room here for this meeting that he wants an up or down vote on his scaled back bill to try to avoid this fiscal cliff. and he basically turned on them and said so what's your response? what's your move? the next move is yours. and then i'm told that mitch mcconnell and harry reid, the democratic leader in the senate jumped in before john boehner really got a chance to fully respond and say, look, we will take the ball and try to pass a bipartisan bill in the senate. the president responded by saying i will give you a day or two but we're running out of time. if you don't get it done in the senate. i want an up or down vote. then he came out and addressed reporters in the briefing room it is clear that the president is only cautiously optimistic that this is going to take a look. take a listen. >> it if there are disagreements they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind boggling to them. it needs to stop. i'm moderately optimistic t
FOX News
Dec 28, 2012 6:00pm PST
over the cliff. clear previously.en leer the fact that mitch mcconnell is vouched in discussions is encouraging if something can't pass the senate with a lot of republican votes it is not going to pass the house either. i think for the first time we see some constructive engainlment at least. >> sean: i heard a little different story than senator toomey and that is that a lot of what we are seeing told is really for show and the fielding is that the president made up his mind. he wants to go over the fiscal cliff and sees a political advantage to negotiating this in january. what have you heard, sir? >> i watched the president's press conference. basically we were told it was a serious discussion and there was a recognition on the part of president obama and senator reid that they are going to have to it craft a piece of legislation that would get a great deal of support from republicans in the senate because they realize that is the only way something is going to pass in the house. let's be encouraged by the fact that we are finally talking seriously, that there is going to be s
MSNBC
Dec 27, 2012 2:00pm PST
. this afternoon senate minority leader mitch mcconnell said he wasn't willing to offer the white house a blank check just because we're on the edge of the cliff. take a look. >> last night i told the president we'd be happy to look at whatever he proposes, but the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ago. and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> well, actually it's not a blank check the president has been pushing. and this isn't a partisan statement. look at the numbers in terms of what the public thinks about what the president ran on which is to raise taxes for people who make over $250,000 a year. 47% of the country basically agrees with that, which is what he said. only 13% raise taxes for everybody. they are the real conservatives. and fiscally hawkish i would say. and 35% say no tax increase. so americans tend to agree with the president. when you go back to this campaign, there are very few other
MSNBC
Dec 28, 2012 2:30am PST
the democrats. to the republicans, though, it's the other party that needs to act. senate minority leader mitch mcconnell insists he's not going to be the one to blink first. >> we're coming up on a hard deadline. this is a conversation we should have had months ago and republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> tax hikes remain at the center of the stand-off. what is the dividing line between those gets those tax breaks extended and those who do not. they're holding out hope for an 11-hour deal. hardly the first time that washington has pushed things to the edge. >> i actually think there's still a chance to get something done. so, you know, these deals usually come together at the last moment. >> why are you cautiously optimistic when it seems everyone else is saying we're going to go over the cliff? >> well, to paraphrase ronald reagan, there's so much manure around here there has to be a pony around here. no one wants tax hikes on 98% of the american people. >>> the president faces a p
KRON
Dec 30, 2012 8:00am PST
with their jobs. >> mitch mcconnell was are riding on capitol hill just hours before meeting with obama. >> we are going to see if we can get there in the next 24 hours. i am hopeful and optimistic. >> politicians on both sides have the responsibility but the president's tax hike will not do much to address the debt. >> the top 25 of american will not even pay one-third of the annual interest that is owed for this 16 trillion dollar debt. >> washington will return before the end of the year but they are likely to be burning the midnight oil. >>> we'll take a quick break on kron 4 news weekend. but first, let's take a live look outside at san francisco from our roof cam here on van ness avenue. let's take a quick look outside this morning at san francisco. outside this morning at san francisco. oh, you have a keurig vue brewer? oh, it's great! now i can brew my coffee just the way i love it. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just pre
FOX News
Dec 31, 2012 3:00am PST
remarks from mitch mcconnel and harry reid. >> there is one mange sticking point. senate democrats wanted to use the revenue from where the thres hold is debt. not get rid of debt but use that extra money to pend actually. stiantor john kyle who is retiring, said the number of the spending is 600 billion and estimates new revenue from taxes will be same. what happened yesterday afternoon, there was a break down between harry reid and mitch mcconnel, and mcconnel sat down with the joe biden. maybe it is good cop and expect joe biden to be there to hammer out a deal between the two. >> this is what john thune has to say about republicans and what they want right now. >> republicans don't want to see new revenues and democrat tax increases used for new spending. that's where the members are trydrawing the line right now. senator bob corker is asking for specifics regarding the trillion in cuts that the president referred to on meet the press. and covering that from benghazi and on and on. >> and in your brew with david gregory you offered over one trillion and agreement with congress and ave
CSPAN
Dec 24, 2012 5:00pm EST
, the honorable mitch mcconnell. [applause] >> over the years, we have recognized many remarkable men and women in this place of honor, all of them extraordinary. it would be foolish to try to make comparisons among them. yet for me at least, today's ceremony is particularly meaningful. i first came to know of the woman we honor today more than two decades ago. i came across an article that told a story of her struggle. from that moment on, i have felt compelled in my own small way to make that cause my own. it was impossible not to be moved by her quiet resolve, her hidden luminesce heroism, and it is impossible today, all these years later, not to be moved by the thought that the is most unlikely revolutionaries may witness the deepest longing of her heart, a representative democratic system in which the people of burma are able to finally enjoy their god-given rights. it is in this hope that we stand today with the people of burma and with aung san suu kyi, knowing that whatever the future holds, she will fight unflinchingly to the end. here in this place, surrounded by the statues of our ow
FOX News
Dec 30, 2012 7:00am PST
those negotiations. senator mitch mcconnell said in the last couple of days when got a phone call from the president saying let's try to come back to the table and work this out. mcconnell said that is the first time he heard from the president, senator harry reid or any of the tomorrow democrats in about a month. in terms of presidential leadership there had not been that give and take in a month. >> that is astounding as you point out for more than a point. republicans concerned about the impact of the pentagon budget if this goes through. >> when people talk about the fiscal cliff most of the attention is about taxes going up and that being the so called fiscal cliff but the other side of that cliff is that the massive spending cuts automatic cuts are kicking in at the beginning of next year. largely targeted at the pentagon. and what is interesting is all of this deal making we are talking about on capitol hill would really just focus on unemployment benefits and tax side of the cliff as i mentioned and most of deals it appears would not shut off the so called sequester that would
CNN
Dec 31, 2012 11:00am PST
and mitch mcconnell will agree to anything that won't get a majority of votes in both of their caucuses. but then the next move is obviously going to be the house, which is where i am right now. i'm with a republican member of the house, darrell issa. thank you for joining us. can you react to what the president said? >> i think i'm pleased there may be a deal, bring some certainty to the american people. i'm disappointed that the president took the eve of what might be a bipartisan deal to take a swipe at congress once again. i think the president fails to understand what senator barroso said repeatedly, which is it is a failure of leadership that we're in this boat. having said that, i think all of us would like to have certainty for the american people come january 1st. >> reporter: and obviously goes without saying, excuse me, that the president, in your words, took a swipe, because there say lot of frustration, among democrats, with house republicans. they think house republicans held this up for a long time and demanding more spending cuts than could pass. >> you know, the amazing
CNBC
Dec 31, 2012 7:00pm EST
surprised and isn't it interesting that vice president joe biden and senate republican leader mitch mcconnell have taken this thing and put it together i think it is quite interesting to me. >> it speaks to the power of personal relationship to me. interestingly it speaks to the relationship between mcconnell and harry reid. clearly the personal animosity got to be too much for those two to continue negotiating. clearly the president was happy with biden being a part of this final push here. if the reports are right, he is coming up to sell the deal to him. a lot of whom have expressed reservations about him. >> now, let's get reaction from the senate side. senator tom coburn as always sir, if we are going to throw over the see quester, i get that, but the thing that bothers me the most. if we are going to substitute tax revenues instead, i think that leads us down the wrong road. i agree. look, cutting $1.2 trillion over the next ten years was hard one to battle hard for the country to go through. what is being proposed now is $600 billion in tax increased with about a fifth of it to be spen
CSPAN
Dec 27, 2012 7:00am EST
mitch mcconnell? guest: the line that comes from the speakers office all the time is the line of communication remain open. i don't know how much talking they did as the president was in hawaii spending time with his family and the speaker was back home in ohio, i believe. i don't know that for sure. everyone was doing their family time and not really working that significantly on something. i think there was probably some minimal conversation, but not a lot. as for the senate minority leader mitch mcconnell, i think that is a good one. a lot has been made in the past few days about him taking a higher profile role in these negotiations. while i don't like prognosticating into the future, we can look at the past in some of the previous negotiations of congress and the kind of role he has played. almost all of these talks, whether it was about government shutdown in the spring of 2011 or the debt limit debate in the summer of 2011 or the payroll tax-cut debate last year, those negotiations started at a level between the president and speaker but always broke down at that level
CSPAN
Dec 30, 2012 4:35am EST
states senate, the honorable mitch mcconnell. [applause] >> today we honor a man not just for being one of the great sportsman of all times, but for being one of the great philanthropists of our time. everyone knows of arnold palmer's exploits on the golf course. you are now aware because others have mentioned it, of his personal generosity of the course. he not only transformed the game of golf, he transformed lives. donating his time and his resources over the years to literally countless good causes. arnold palmer has served as honorary national chairman of the march of dimes. he founded two cancer treatment centers, and he founded the arnold palmer medical center in orlando, home of the arnold palmer hospital for children, and the winnie palmer hospital for children -- for women and babies. this is a man who captured the imagination of the american people. he won his first major tournament at the age of 28. the other part is worth retelling, too. it begins at the agusta national golf course in 1958. that year, soldiers from a nearby army base were granted free admission and recruite
FOX Business
Dec 29, 2012 1:00am EST
, harry reid, mitch mcconnell, it is up to them to craft this thing. it is out of his hands for the next couple of days and into the hands of people in the senate. adam: rich edson at the white house. i know that you are going to regroup. gerri willis and "the willis gerri willis and "the willis right now. >> biological attack is possible. >> swine flu panic grips the nation. >> climate change is killing people. >> the media says life is horrible. >> poverty has reached new depths. >> but the media missed the big picture. >> i was only four when i saw my motherlode a washing machine for the first time. >> this is a wonderful word and getting better. his grandmother was thrilled by a washing machine. >> she sat down and watched the entire washing program. >> two, one, fire! >> the machines coming next or better thanks to competition. and they build school cars and space ships. >> entrepreneurs do what only governments did before. >> maybe cities will be built on water flow from big government. >> this is outside the united states jurisdiction. >> life gets better because ideas have sex. >
FOX Business
Dec 24, 2012 12:00pm EST
taking under $250,000. that would cost $157. it also approved taxing $92 billion. mitch mcconnell is critical to hammer out a deal in the senate because he can filibuster anything. his spokesman said "nothing new to report. we do not know yet what senator reed plans to bring to the senate for a vote." >> if you want leaders, then, you have to lead. the president has been a pathetic leader. i would vote for revenues, including tax rate hikes even though i do not like them to save the country from becoming greece. i will not set aside the $1.2 trillion in cuts. >> i know it is hard for republicans. the president ran on a platform. 250. he won 60% of the voters. peter: we will see what senator reid puts on the floor on thursday. we will see if it is something that some of these republicans can vote for, ashley, and see if that can avoid the fiscal cliff. the president and speaker both that they will cut their vacations short and return to washington this week to keep trying to work something out. ashley: i am surprised you got anyone would you made those calls today, peter. time is r
ABC
Dec 28, 2012 5:30pm PST
: there are signs of progress. mitch mcconnell and harry reid have agreed to spend the next 24 hours trying to come to a bipartisan agreement on a smaller fallback plan to keep at least some taxes from going up. after the meeting, house democrat leader nancy pelosi told us she's at least a little encouraged. >> it was constructive. as i say, candor is constructive, and i think it moved us forward, but we'll see. >> reporter: it was the first meeting with the president and all the congressional leaders in six weeks. it follows an impasse that has shaken wall street, the dow down more than 400 points since talks stalled last week. and on main street, business owners like drew greenblatt, who owns a wire basket manufacturing company in baltimore, say the coming fiscal cliff is already causing pain because they just don't know what will happen to their taxes. >> right now we're doing our budget. we're deciding how many people we're hiring next year. we're figuring out how many robots and machines we'll invest in our factories. >> reporter: and across the country all the political bickering had people o
CBS
Dec 27, 2012 5:00pm PST
leaders nancy pelosi, john boehner, mitch mcconnell and harry reid to reach agreements before tax hikes and spending cuts kick in january 1. >> we have been asking the president and the democrats to work with us on a bipartisan agreement for months. >> i don't know time wise how it can happen now. >> reporter: the senate majority leader wants house republicans to return from their vacations to approve a democratic senate plan that extends tax cuts for families making less than $250,000 a year. >> that's the only option that is viable escape route. >> reporter: but republican leaders say it's up to democrats who control the senate and white house to avert the "fiscal cliff." >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: house members will return to capitol hill on sunday and could begin voting that night. they would have about 24 hours to approve a deal. adding to the urgency, treasury secretary timothy geithner warned congress that the nation's debt limit will be reached
MSNBC
Dec 27, 2012 7:00pm PST
has passed. let's lis ep to what mitch mcconnell said about that? >> the senate bill passed with ome democratic votes and despite this repeated calls for the house to pass it. he knows that he himself is the reason it can't happen. the paperwork never left the senate. i said at that time we knew it didn't pass constitutional muster. it has one procedural rule for congress that all tax bills must reg nate in the house of representatives. of course they can do what they want. there is a niss of ways in which they have got ten around this thing in the past. as to why they are not passing the ball. if this is what he is clinning to now, it is like he is not clinging to much. >> this is a chamber that has not seen is some of the greatest offereds come through it. and here he is saying the paperwork has yet to leave the senate. >> and he also knows that it is silly. yes, that particular big cannot be taken up in the house. but sandy levin has a bill that is i'd wall. all bhoehner has to do is make those changes on the noor. the idea that they would love to pass this senate bill. but the co
NBC
Dec 30, 2012 9:00am EST
. >> majority leader harry reid and minority leader mitch mcconnell say they're confident they come to a compromise but they have to sell it to john boehner and fellow republicans before the deadline. >> president obama will be david gregory's exclusive guest on "meet the press" later this morning. you can watch his interview at 10:00 a.m. former president george h.w. bush is out of intensive care and said to be improving this morning. he is in a regular room at houston methodist hospital. a family spokesperson says the family thanks everyone for their prayers and good wishes. he is being treated for a cough. a lawyer for one of the survivors of the newtown school massacre says the state of connecticut didn't do enough to keep kids safe and wants to sue for $100 million. the attorney says the state failed to provide a safe setting for his clintd, an unidentified 6-year-old girl. he says after hearing gunfire, she was left with emotional scars. to howard county where police say they've cracked a string of burglaries that hit homes in columbia and ellicott city. nadia ramdass has the
NBC
Dec 31, 2012 5:00pm EST
deadline to avoid the fiscal cliff. president barack obama and senate republican leader mitch mcconnell said on monday that they are near a deal to avoid it wide-ranging tax increases and spending cuts set to take effect in the new year. house republicans notified lawmakers that the chamber will vote tonight, but they will be voting on other bills and they will be the only votes of the day. they say it is still not clear if the senate will be able to vote on any kind of deal. >> still ahead, new details emerging about former state delegate tiffany alston. the telestrating head. >> deal or no deal. the clock ticks down to the fiscal cliff deadline. a look at where things stand, coming up. [ female announcer ] the one for all. mcdonald's dollar menu. home of the mouthwatering grilled onion cheddar burger, topped with melty white cheddar and caramelized onions. plus all your tasty favorites for just a dollar each. ♪ every day, as always, there's a lot to love for a little on mcdonald's dollar menu. ♪ >> former state delegate has yet to comment tonight about a report that she has declar
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